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7 Eleven 2344 N Cedar Ave 3,760 SF Retail Building Fresno, CA 93703 $2,400,000 ($638.30/SF) 6.54% Cap Rate
Investment Highlights
- National credit tenant – This store is leased to 7-Eleven, Inc., the world’s largest convenience store operator with over 13,000 locations domesticall
- Strong daytime population drivers – This property is located directly across the street from McLane High School (±2,000 students), and minutes down th
- Proven operating history – This property has operated as a convenience store for over 30 years, underscoring the strength of the location and its suit
- High-visibility corner location – Positioned on a hard corner of the signalized intersection of N Cedar Ave and E Clinton Ave, the property benefits f
- Compelling demographics – The ±5-mile radius surrounding the property is home to over 417,824 residents, supporting healthy retail demand and ensuring
- Recent infrastructure investment – Located near the newly completed Cedar Viaduct, a 3,700-foot high-speed rail bridge finalized in 2023. This major i
Executive Summary
David Harrington
Broker Lic. No.: 01320460 (CA)
Firm Lic. No.: 02168060 (CA)
Matthews
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $38.28
- Double Net
- May 2034
7-Eleven began in 1927 and grew from an early convenience concept into a global convenience retailer. The company operates, franchises, and licenses a broad store network in the United States and Canada, and its brand family includes Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits. 7-Eleven also offers proprietary services and products such as 7NOW, 7Rewards, Speedy Rewards, and 7-Eleven Fleet, reflecting a business that spans retail, foodservice, fuel, and digital convenience. The company presents itself as the world’s first convenience retailer and continues to focus on serving customer needs across its store and brand portfolio.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $38.28 | Double Net | May 2034 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 447-191-01 | Improvements Assessment | $1,640,468 |
| Land Assessment | $437,456 | Total Assessment | $2,077,924 |
Property Taxes
Presented by
7 Eleven | 2344 N Cedar Ave
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